Application of Artificial Bee Colony Algorithm to Portfolio Adjustment Problem with Transaction Costs

Table 3

Comparison results with different transaction costs with 𝜆=0.5.

	𝐶^1𝑖(𝑥𝑖)	𝐶^2𝑖(𝑥𝑖)	𝐶^3𝑖(𝑥𝑖)	𝐶^4𝑖(𝑥𝑖)
𝑥1	0.04	0.2	0.350	0.291
𝑥2	0.18	0.8	0.305	0.308
𝑥3	0.78	0	0.223	0.201
𝑥4	0	0	0.122	0.200
𝑈max	0.0171	0.0125	0.0093	0.0133
TC	0.0328	0.0340	0.0429	0.0357